HR 402 · 100th Congress · Foreign Trade and International Finance

A bill to impose a $10 per barrel import fee on petroleum and petroleum products.

Introduced 1987-01-06· Sponsored by Rep. Richardson, Bill [D-NM-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Trade.(1987-01-20)

Plain Language Summary

[AI summary unavailable — showing source text] Imposes a ten dollar per barrel duty on all petroleum imports. Authorizes the President to exempt oil products produced in Mexico from the import duty if such exemption is in the national security interests of the United States.…

Summarized by Claude AI · Non-partisan · For informational purposes only